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NASDAQ:RMTI

Rockwell Medical (RMTI) Stock Price, News & Analysis

$2.98
-0.06 (-1.97%)
(As of 09/6/2024 ET)
Today's Range
$2.91
$3.08
50-Day Range
$1.67
$3.24
52-Week Range
$1.16
$3.43
Volume
369,748 shs
Average Volume
232,490 shs
Market Capitalization
$90.34 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$7.00

Rockwell Medical MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
134.9% Upside
$7.00 Price Target
Short Interest
Healthy
1.57% of Float Sold Short
Dividend Strength
N/A
Sustainability
-2.35
Upright™ Environmental Score
News Sentiment
0.59mentions of Rockwell Medical in the last 14 days
Based on 5 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
Growing
From ($0.03) to $0.07 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.13 out of 5 stars

Medical Sector

149th out of 910 stocks

Pharmaceutical Preparations Industry

55th out of 426 stocks

RMTI stock logo

About Rockwell Medical Stock (NASDAQ:RMTI)

Rockwell Medical, Inc., together with its subsidiaries, operates as a healthcare company that engages in the development, manufacture, commercialization, and distribution of various hemodialysis products for dialysis providers worldwide. The company offers Triferic Dialysate and Triferic AVNU which are indicated to maintain hemoglobin in adult undergoing hemodialysis. It also manufactures, sells, delivers, and distributes hemodialysis concentrates, such as CitraPure citric acid concentrate, Dri-Sate dry acid concentrate, RenalPure liquid acid concentrate, dry acid concentrate mixer, and RenalPure and SteriLyte powder bicarbonate concentrate; and ancillary products, including testing supplies, 5% acetic acid cleaning solution, 5% and 2% citric acid descaler, filtration salts, and other items used by hemodialysis providers. The company's hemodialysis concentrate products are used to sustain patient's life by removing toxins and balancing electrolytes in a dialysis patient's bloodstream. The company serves to hemodialysis clinics. Rockwell Medical, Inc. was incorporated in 1996 and is headquartered in Wixom, Michigan.

RMTI Stock Price History

RMTI Stock News Headlines

Rockwell Medical (NASDAQ:RMTI) Receives "Buy" Rating from HC Wainwright
Biden’s Capital Gains Tax to Devastate Savings!
Don't let the corrupt elites dictate your future—ACT NOW! This guide is your first step towards financial independence and security.
Maxim Group Reaffirms Their Buy Rating on Rockwell Med (RMTI)
Biden’s Capital Gains Tax to Devastate Savings!
Don't let the corrupt elites dictate your future—ACT NOW! This guide is your first step towards financial independence and security.
Here's what Wall Street expects from Rockwell Medical's earnings
Rockwell Medical Q2 Earnings Preview
See More Headlines
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Company Calendar

Last Earnings
8/08/2024
Today
9/07/2024
Next Earnings (Estimated)
11/12/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Medical
Industry
Pharmaceutical preparations
Sub-Industry
Health Care Equipment
Current Symbol
NASDAQ:RMTI
CUSIP
77437410
Employees
300
Year Founded
1995

Price Target and Rating

Average Stock Price Target
$7.00
High Stock Price Target
$9.00
Low Stock Price Target
$5.00
Potential Upside/Downside
+134.9%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
2 Analysts

Profitability

Net Income
$-8,440,000.00
Pretax Margin
-5.06%

Debt

Sales & Book Value

Annual Sales
$83.61 million
Cash Flow
$0.02 per share
Book Value
$0.75 per share

Miscellaneous

Free Float
29,740,000
Market Cap
$92.47 million
Optionable
Optionable
Beta
1.46

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Key Executives

  • Dr. Mark Strobeck Ph.D. (Age 53)
    President, CEO & Director
    Comp: $904.66k
  • Mr. Jesse Neri (Age 46)
    Senior Vice President of Finance
    Comp: $359.63k
  • Ms. Megan C. Timmins (Age 51)
    Executive VP, Chief Legal Officer & Secretary
    Comp: $585.74k
  • Mr. James A. McCarthy
    Senior Vice President of Business & Corporate Development
  • Mr. Timothy T. Chole
    Senior Vice President of Sales & Marketing
  • Ms. Heather R. Hunter
    Senior VP & Chief Corporate Affairs Officer
  • Mr. Jason Finkelstein
    Investor Relations Representative

RMTI Stock Analysis - Frequently Asked Questions

How have RMTI shares performed this year?

Rockwell Medical's stock was trading at $1.89 at the beginning of the year. Since then, RMTI stock has increased by 57.7% and is now trading at $2.98.
View the best growth stocks for 2024 here
.

How were Rockwell Medical's earnings last quarter?

Rockwell Medical, Inc. (NASDAQ:RMTI) posted its earnings results on Thursday, August, 8th. The company reported $0.01 earnings per share for the quarter, beating analysts' consensus estimates of ($0.04) by $0.05. The company had revenue of $25.83 million for the quarter, compared to analysts' expectations of $23.01 million. Rockwell Medical had a negative net margin of 5.06% and a negative trailing twelve-month return on equity of 6.96%.

When did Rockwell Medical's stock split?

Rockwell Medical's stock reverse split before market open on Friday, May 13th 2022. The 1-11 reverse split was announced on Friday, May 13th 2022. The number of shares owned by shareholders was adjusted after the closing bell on Friday, May 13th 2022. An investor that had 100 shares of stock prior to the reverse split would have 9 shares after the split.

What is Robert L. Chioini's approval rating as Rockwell Medical's CEO?

6 employees have rated Rockwell Medical Chief Executive Officer Robert L. Chioini on Glassdoor.com. Robert L. Chioini has an approval rating of 22% among the company's employees. This puts Robert L. Chioini in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies.

Who are Rockwell Medical's major shareholders?

Rockwell Medical's top institutional investors include Armistice Capital LLC (10.63%), Richmond Brothers Inc. (0.91%), Renaissance Technologies LLC (0.34%) and XTX Topco Ltd (0.06%).
View institutional ownership trends
.

How do I buy shares of Rockwell Medical?

Shares of RMTI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Rockwell Medical own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Rockwell Medical investors own include Immunomedics (IMMU), JinkoSolar (JKS), Seagen (SGEN), Geron (GERN), OPKO Health (OPK), Amarin (AMRN) and Gilead Sciences (GILD).

This page (NASDAQ:RMTI) was last updated on 9/7/2024 by MarketBeat.com Staff

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